CEO gender, financial performance and firm risk level: Evidence from Indonesia

Alyssa Noviera Dwiharti, Desi Adhariani

Research output: Contribution to journalArticlepeer-review

Abstract

This research evaluates whether firms managed by female CEOs exhibit an equal level of financial performance and are less risky than firms with male CEOs. The sample consists of manufacturing firms from 2010 to 2012. The results show that firms managed by female CEOs have better financial performance but higher risk levels, the latter probably resulting from their growth.

Original languageEnglish
Pages (from-to)67-77
Number of pages11
JournalInternational Journal of Economics and Management
Volume12
Issue numberSpecialissue1
Publication statusPublished - 2018

Keywords

  • CEO
  • Corporate governance
  • Financial performance
  • Gender
  • Risk

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